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Bitcoin remains stuck in $100k-$110k band as retail and whales enter potential standoff

Bitcoin (BTC) continued to trade between $100,000 and $110,500 for a second consecutive week as smaller investors replaced whales on the buy side, Bitfinex Alpha reported on July 7.

The report noted that BTC spent most of July so far within a 10% channel, capped by the January high of $109,590 and floored near the Short-Term Holder Realized Price (STH-RP) of $99,474.

Despite a brief fall beneath the STH-RP last week to touch a low of $98,220, Bitcoin rebounded to the upper boundary after buyers stepped in near the six-figure mark.

The report characterized the zone as a near-term equilibrium, where unrealized profits remain large but below the levels that fueled heavier distribution in prior record attempts.

That mix of lighter profit-taking and muted breakout momentum indicates that the market is waiting for a catalyst to break out of the range.

STH-RP continues to drift higher as newer participants, including exchange-traded-fund allocators, add coins. The report compared the pattern with 2024 when exchange-traded funds (ETFs) inflows repeatedly defended STH-RP during the climb to earlier peaks.

The report stated that the metric’s overlap with current price lows reinforces it as the range’s structural floor. The price action above this level suggests an upward bias until macroeconomic data or shifts in liquidity break the deadlock.

Positioning shifts toward smaller holders

Derivatives traders show less conviction at the upper limit. The report flagged a $1.8 billion (5%) drop in aggregate open interest on July 4, erasing two days of gains and signaling that futures accounts closed longs rather than chase higher prints.

On-chain cohort data corroborate the distribution. Wallets holding 1,000 to 10,000 BTC shed roughly 14,000 BTC since June 30, while short-term holders added about 382,000 BTC in the same window.

The report noted that the supply transfer reflects mid-sized whales trimming exposure as retail and institutional newcomers step in around spot dips. It further stated that this is a replay of late-cycle handoffs seen in previous rallies.

Seasoned wallets reduce weight amid uncertainty, but steady inflows from ETFs, balance sheet allocations, and smaller buyers offset the outflow, keeping price compression orderly.

In this scenario, the report cautioned that reliance on fresh entrants amplifies sensitivity to any future volatility because these holders lack historical anchoring above $100,000.

The report also observed weakening short-term momentum after multiple failures to clear $110,500. Each rejection coincided with futures liquidation waves and a decline in open interest, indicating limited follow-through strength.

Even so, bulls retained structural control by defending STH-RP and preventing sustained closes below it. The report framed the standoff as a “balanced market,” with neither side possessing enough leverage to force a decisive break. A macro driver, such as changes in rate expectations, liquidity shifts, or an ETF flow spike, would likely dictate the direction when it arrives.

The post Bitcoin remains stuck in $100k-$110k band as retail and whales enter potential standoff appeared first on CryptoSlate.

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    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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